unveil a report on the status of the country's missile defense. that's it for us tonight. thanks for being with us. good night from new york the committee will be paying close attention to whether the natural regulators try to weaken these important reforms and we'll be keeping an eye on the big banks and their activities. cheryl: an ominous warning from maxine waters as she settles in as the chair of the house of the financial services committee. lauren: goldman sachs and bank of america reported yesterday. netflix comes after the closing bell. futures up two days in a row, now lower. cheryl: taking a look at europe, stocks opening lower there. we have more news out of the u.k., prime minister he theresa

may's plan b to exit the european union gets under way. all of those markets are in the red. lauren: mostly red arrows in yoasia as well. cheryl: if you missed your flip phone, how one company is bringing back an old favorite. "fbn: a.m." starts right now. lauren: good morning. 5:01 a.m. i'm lauren simonetti. i almost have my voice back. cheryl: you're getting there. sounding better, lauren. good morning, everybody, i'm cheryl casone. lauren: trade tensions with china front and center this morning. looks like those tensions were inflamed as pressure builds on you huawei technologies. the wall street journal reports the chinese company is being investigated for allegedly stealing trade secrets from the

u.s. business partners and that includes t-mobile. the technology is used to test smartphones. cheryl: the justice department and huawei have declined to comment to fox business but the trump administration has been taking steps to fight the theft of intellectual property from u.s. firms and this is of course amid the trade fight. lauren: the fight over the government shutdown intensifie. nancy pelosi is urging president trump to delay his state of the union address citing security concerns. cheryl: we've got blake berman at the t white house with all the details. >> reporter: the stalemate over the showdown, going up another level with nancy pelosi saying the televised address of the state of the union should be canceled, she is citing security since the united states secret service falls under the department of homeland security which is impacted by the partial shutdown. she wrote a letter to the president saying quote, sadly, given the security concerns and

unless government reopens this week, i suggest we work together to determine another suitable date after government has reopened for this address or for you to consider delivering your state of the union address in writing to the congress on january 29th. however, one department of homeland security official tells fox that the democratic leadership never reached out to the secret service. the head of dhs, kirsti career n says the department of the secret service is fully prepared to defend and support the state of the union. we thank them for all they do each day to secure our homeland. the democrat response came from benny thompson, who chairs the homeland security committee. he wrote it would be completely inappropriate for president trump to further deplete the agency's resources and man power for the sole purpose of having an hour of uninterrupted prime time television coverage. the president is required to

submit a state of the union in writing to the congress. but in theory he could give this televised address at any place, any date, any time of his choosing. so far, no response from the president to pelosi. back to you in new york. cheryl: we'll watch the twitter account for that. house democrats passed an emergency disaster relief bill that includes an amendment funding the government you through february 8th. the measure is not expected to be taken up in the senate. majority leader mitch mcconnell said he will not bring any bill to the floor unless he is assured that president trump will sign it. the president has said he will not support any plan that does not include funding for a border wall. lauren: he's holding firm. the new chair woman of the house financial services committee has a warning for mick mulvaney. >> i've written to mr. mulvaney to inform him that while his time running the consumer bureau may be over, the time for

accountability for his actions is about to begin. i'm going to be working diligently to undo the damage that mulvaney has done. lauren: she outlined her agenda during a speech in washington. she said mulvaney sought to dismantle the consumer protection bureau while serving at the interim head. she said they will look at his firing of outside experts, stripping the office of fair lending of enforcement. mulvaney always tried to justify the cost of all that oversight. cheryl: theresa may looking for a compromise on a brexit deal after riding out and surviving a no confidence vote in parliament. lauren: now what. we get the answers from ashley webster in london. >> reporter: good morning to you. theresa may vowing to push ahead with brexit after surviving a

vote of no confidence in parliament. she won by a margin of 19 votes, 325-306. in a statement following that vote, the prime minister urged lawmakers to put self interest aside and deliver the brexit that the people voted for. take a listen. >> so now m.p.s haved made clear what they don't want. we must work together to set out what parliament does want. that's why i'm inviting m.p.s from all parties to come together to find a way forward, one that both delivers on the referendum and can command the support of parliament. this is now the time to put self interest aside. >> reporter: opposition party leader jeremy corbin has turned down an invitation to meet with the prime minister. the u.k. leader will have to find some common ground. she has two days left to come up with a new plan and then take it back to e.u. leaders to renegotiate. there are just 46 working days

left before the brexit deadline will be here of march 29th. time is certainly running out. guys, back to you. lauren: thanks, ash. we've got to see if they push that deadline, another option to consider. microsoft making a major investment in housing in seattle. cheryl: tracee carrasco has that story and other headlines. what a place to make an investment. tracee: microsoft is pledging up to $500 million to address homelessness and help build affordable housing in the seattle area, which has seen sky rock t eting real estate pricine as more tech companies moved into the city. microsoft said it would work to open up housing optio options fw and middle income workers almost immediately. this is the largest pledge in the company's history. microsoft is up nearly 20% from a year ago. cheryl: we should add that seattle has bloated taxing companies o to pay for the homeless problem that they've

got in seattle and that failed. at least microsoft is stepping up. that's good. netflix earnings out today. what are we looking for. tracee: we'll get netflix's fourth quarter and 2018 financial results after the closing bell on the heels of netflix's price increase, investors are going to be paying close attention to the original content spending which is projected to reach $13 billion in 2018. also, the number of new members added, netflix projected at the end of last quarter it would add a total of 7.6 million new international members and 1.8 million u.s. subscribers. netflix trading lower in the premarket. lauren: a lot of the bears out there on the stock. there's not many of them, they say they're saturated in the u.s. market. we shall see. flip phones, my mother still has one, she loves it. they are making a for real comeback outside of my mother. tracee: you remember the motorola phone released in 2004. the once popular flip phone is

being rea sized as revised as ae with a starting price of $1,500. they will begin selling the devices in the u.s. possibly as soon as february. cheryl: i have a feeling a lot of people will buy them. tracee: i always wanted one of those. i never got one. lauren: $1,500? tracee: i don't know about that. cheryl: after two days of gains, let's take a look at u.s. futures. we're in the red this morning, dow is down 83, s&p is down 11 1/4, nasdaq down 35 1/4. the big name we'll be looking at today, folks, ne netflix. they will report earnings after the bell and the latest price hike is going to be on everybody's mind. >> uh huh, how much? >> why are you keeping this curiosity door locked? cheryl: investors are curious how much is too much. we'll have the latest on the

streaming wars. and real fake news gone viral, the phony headline that threw the internet into a frenzy. you're watching "fbn: a.m.." ♪ such a great trip. yeah, have fun! thanks to you, we will. aw, stop. this is why voya helps reach today's goals... all while helping you to and through retirement. um, you guys are just going for a week, right? yeah! that's right. can you help with these? oh... um, we're more of the plan, invest and protect kind of help... sorry, little paws, so. but have fun! send a postcard! voya. helping you to and through retirement.

cheryl: like most tech stocks we follow, netflix clobbered during december's selloff.

the stock has been rallying in the new year, it's up around 30% right now year-to-date. and they even have announced as you probably know a price hike. but that could slow things down. the stock jumped 6% yesterday but are consumers going to pay for the price hike? they're out with earnings after the bell, expected to post higher revenue. but there is estimates that are showing there could be a loss on earnings per share. there's also competition. i think i just told you everything we're worried about with netflix, but do you think we're going to get good news, in particular on the subscriber growth side, domestic, international. if they can show that, that seems to forgive the debt, seems to forgive the price hike. >> it's hard to understand all their numbers there because they said they kind of hit a saturation point in america. i think they found that there was more room to grow on the higher end. when i spoke to ted serando, he made it clear they hope to never have to institute advertising.

they need to find other ways to drive revenue. which is why moving the price makes sense. everyone is trying to get in on these markets. every company is coming up with their own o.t.t. service. it's going to be very, very difficult for people to win. i think netflix has like the hot hand. they have the brand and i think for the millennial generation, they can't live without it. a couple dollars here and there, they have flexibility. cheryl: i bring up the issue of the price hikes, going from $11 to $13, depending on the plan, most people -- everyone's going to get hit. investors cheered that when the news came out, the stock jumped. on the other side of that is how much are consumers willing to spend? netflix will have to continue to raise prices to deal with the $13 billion in debt n had a bond offering in october, they pulled another $2 billion out of that. they've been on a spending he se for content that hasn't stopped. at some point won't investors say you need to deal with the

debt, make the business model work. >> if you read the articles, they're trying to use comparisons to facebook and talking aboute engagement and te fact they're a tech platform. they have essentially what's called addressable television, they have much more information as to who you are, they have user profiles. traditional cable television, you're making a guess as to who is watching. at the same time, by making the comparison to facebook, they want to make sure they're seen as a tech company in that respect. i think they're positioned really nicely. at the same time, ask yourself, when you spend hours a day in the evening watching these shows, if they maintain a few hits, what's a couple bucks for you. it's the same thing as streaming one extra song, movie, going to the theater. cheryl: who knows where the price is going to go. i want to ask you about this. the attorney general nominee, william barr, he actually made a comment in those hearings on tuesday about big tech companies. he basically -- sounds like he's going to start to look at big technology and potential

regulation, maybe anti-trust enforcement. how d concerned do you think teh investors are about this? >> they've been all over this for years. it might have come sooner, if they were not working in the beltway. i think they care about making sure someone who understands technology is helping write the legislation. cheryl: thanks for commenting on that, ian. it's a fox business story we're following as well. thank you, sir. lauren: it was a better than expected start to earnings season. futures are down this morning. dow futures down 65, s&p down 9, nasdaq down 29. morgan stanley and american express on tap. the student loan debt is putting a big dent in young people's pockets. that's not the only thing it's dragging down.

wait until you hear the new warning coming from the fed. it's a craze that swept the globe. looks like it won't be ending anytime soon wh soon. why pokemon go may be bigger than ever. you're watching "fbn: a.m." ♪ go, go, godzilla. ♪

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lauren: let's get you caught up on what's happening now. president trump will head to the pentagon today after meeting with senators on the u.s. involvement in syria and afghanistan. rand pai paul said the presidens still committed to pulling troops. lindsey graham warns declaring victory could provoke isis.

yesterday there was a suicide bombing in syria that killed four americans, including two service members. new surveillance footage shows the frightening moment the terror unfolded. a radicalized man from georgia arrested for an alleged plot to attack the white house. he was busted after a year-long investigation. officials say he was planning to use an i.e.d. and anti-tank rocket to blow up the white house and other targets in washington. cheryl: well, the federal reserve is blaming the decline of home ownership on student debt which has soared to $1.5 trillion in recent years. the fed says young americans are fleeing rural areas and not buying homes because of mounting debt. home ownership among people ages 24-32 fell 9% between 2005 and 2014. finally, real fake news, left wing activists handing out fake editions of the washington post to people in d.c.

the bogus paper is dated may first, 2019, claiming a crisis ended after president trump secretly resigned. it claimed the resignation sparked celebrations around the world and vice president pence was sworn in as president. the washington post said they are investigating all of that. lauren: we have down arrows across the board this morning, basically a global selloff is happening this morning. dow is down 56, better than moments ago, nasdaq down 26. as theresa may scrambles to come up with a new brexit plan, many fear a no deal brexit is becoming more of a reality. >> the government must remove clearly once and for all the prospect of the catastrophe of a no deal brexit for the e.u. lauren: how catastrophic with the economic fallout be of a no deal brexit? and out of this world news from president trump, how this space

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they don't prepare for tomorrow, they prepare for years ahead. so they've already deleverred. their risk base is really strong. lauren: bank earnings were really strong and a big jump in shares of goldman sachs and bank of america helping push the dow to a one month high. cheryl: this morning we're waiting on morgan stanley and netflix will report after the bell. futures are down right now. dow is down 56, s&p down 8 1/4. lauren: investors certainly waiting for the prime minister of the u.k. to submit her plan b to exit the european union. the ftse is down a third of 1%,

the other markets lower as well. cheryl: asia right now is mostly lower. the south korean kotsbe a slight gain there. lauren: what apple is doing right now that could anger some people. "fbn: a.m." continues right now. lauren: we're coming up on 5:30 in the morning in new york. it is thursday, january 17th. i'm lauren simonetti. cheryl: good morning, i'm cheryl casone. lauren: earnings season pretty good so far. it continues with morgan stanley and netflix due today. let's dig into the numbers with gary smith, fox news contributor and come an dominic divello. dominic, i want to begin with you. we've seen a small number of companies report so far but more than 85% have beaten expectations. so the question is, do you expect to see earnings rise more

than the expected 14%? >> well, look, we clearly had priced in a worst case scenario in the fourth quarter, world, global, synchronized recession and under those circumstances earnings were going to be disappointing. we're finding the worst case scenario hasn't happened, hopefully will never happen. i think we'll continue this process of better than expected earnings and hope for the best. lauren: the outlooks, gary, have been pretty decent so far, as far as the banks are concerned at least. so were all those concerns that dominic was talking about, do they just go away or do we have new concerns? now we face the shutdown, the continued trade negotiations and brexit. >> exactly, lauren. it seems like we have a new concern almost every day. you can throw in the fed also into that, as you mentioned the shutdown, we have the tariffs, et cetera, et cetera, et cetera.

it's about as easy for companies to look into the future as it is for you and i. i tend to think that like, per dominic's comments, a lot of these companies rode some pretty nice tail winds in the fourth quarter. there wasn't much on the horizon. they took effect of the tax breaks. a lot of that -- the tax effect is going to go away. i predict coming you up with all the things that we talked about, all those barriers to see earnings kind of level off. i think that's going to be reflected as it was in apple's forecast going forward, that things could get a little rocky. lauren: so then dominic, should we -- i know there's different companies, different sectors. should the theme for 2019 be more one like apple or one like bank of america, the ceo saying the consumer and the business environment is healthy. which one is it? >> look, the consumer is very healthy but i do agree with gary on this one. these companies had tremendous earnings in 2018, a big

component of that was the tax cut. going forward, looking forward, they don't have those kind of tail winds. i think more reasonable earnings growth overall, i think the consumer stays healthy and hopefully nothing comes along to shock the economy. lauren: the first so-called fang stock to report, gary, is netflix. it comes after the closing bell today. we just had a guest on and he thinks netflix still has a hot hand here and can push through the price increases and subscribers will say no big deal. what do you think, gary? >> exactly. look, it's kind of everyone needs a lot of stocks to just look in their own wallet. i'll give you a good example. i have not downloaded a new app or used any of apple's services or bought a new iphone really in months. netflix, i'm using every single day. i mean, they just increased prices. i'll be honest with you, i don't even care. i don't even know what the prices are. i think most people out there are in my camp.

they're like whatever it is, i'm still using it. i still love it. that's real pricing power right there. lauren: now, dominic, disney and some other -- time warner is taking their content off of netflix as they start their own streaming services. does that worry you? >> it worries them. content is king and not having access to this will he potentiay affect their revenue stream going forward. they're doing a pretty good job of getting subscribers to come on-board. people don't seem that sensitive to this kind of price increase. p p paapple was very sensitive e price increases on the phones. look how you spend your money. lauren: dominic and gary, i love that you're agreeing this morning. watch a show together on netflix. see you later. thank you. cheryl: well, it's probably going to be a movie at some point. prime minister theresa may has

narrowly survived a no confidence vote after the brexit plan got badly beaten. >> the house has put its confidence in this government. >> hear, hear. >> i stand ready to work with any member of this house to deliver on brexit and ensure that this house retains the confidence of the british people. cheryl: may started meeting with opposition leaders to find a consensus. she is facing big challenges. let's bring i jean luka demas who has a business in europe. >> good morning. cheryl: what do you make of what's happening not just with the u.k. but europe in general? there's this big fight for the brits to leave europe but many business executives say they should have a second vote, that the country leaving the european union is a bad business move. what do you say to that?

>> i think the problem now is the confusion, the instability they have in the united kingdom. so they can leave the union but they should do it in a more clear way, because of the problem for all the companies, many companies, european companies are leaving the united kingdom. me too, i didn't set up my company in the united kingdom but in america because of instability. we don't know what they want to do. this is a very, very big problem when you have to take care of business, you need stability. and they're fightin fighting. brussels is a fighter among them. political problems, they have it in the united kingdom and not with the union, i think. this is the big deal and this is not good for business. cheryl: i was going to ask you about that as well. at stake here is trade agreements between the u.k. and

of course the european union, if there is -- they call it a hard brexit, that would leave trade agreements in jee in jeopardy. some say that would be chaotic. have you thought about that possibility for your business? >> i thought about setting up my company, it was more natural for me to go to the united kingdom because we needed an english speaking country. because of the instability, i prefer america because everything is very business friendly here. and one of the bigger problems for which we had the brexit in europe was the uncontrolled immigration, illegal, uncontrolled immigration. people voted for the brexit in the united kingdom to control their border. so i think also the uncontrolled immigration is a problem that

the politicians have to take care of if they don't want to have another brexit, other problems where there is a market for -- by many different countries. cheryl: i think a lot of politicians in the country are watching what's happening over there. there's a lot of similarities between the two countries. we're glad you're doing business in the united states. it was great to have you on the show. thank you. >> thank you very much. lauren: the ceo of wee work running into controversy over his business practices. the wall street journal is recording that adam newman made millions of dollars by buying properties and then leasing them to wee work, multiple investors of the privately held company have complained about the arrangements, saying they raise serious conflicts of interest. wee work signs long-term leases for office space and subleases the space on a short-term basis for companies. i've seen them throughout the city. cheryl: apple is freezing

hiring after selling fewer iphones. lauren: tracee carrasco has that story and more. tracee: apple will cut back on hiring for some divisions, after lower than expected iphone sales and missing the revenue forecast for the holiday quarter according to bloomburg. the ceo, tim cook, reportedly made the disclosure to employees after earlier this month in a meeting the day after he wrote a letter to investors about the company's recent struggles, particularly in china. apple is trading lower in the premarket. lauren: carlos ghosn has lost the confidence of renault' biggest shareholder. tracee: he has been in a tokyo jail for a you few months. the chairman of nissan, he lost the support of renault's biggest shareholder, the french state. a french news channel was told it was time for new leadership at renault.

the french government which owns 15% of renault previously backed the p company's decision to allow ghosn to keep his position while awaiting trial. cheryl: that trial may not start until the summer and he may be in jail until then. it's incredible what happened to him. video games, a video game creator catching more than just pokemon. tracee: niantik, the augmented reality developer that makes the pokemon go game raised $245 million. it was led by a venture capital firm, following the launch of pokemon go, they raised $200 million in series b funding. they now have a $4 billion valuation. lauren: tracee carrasco, thank you very much. cheryl: well, it is a big day again for earnings. let's take a look at how futures are doing. we had two days of gains for the markets. right now, the dow is down 62, nasdaq is down 29. coming up, the head of michigan

state is resigning after he made controversial comments. and long-time sports broadcaster bobob costas is leaving nbc. you're watching "fbn: a.m." ♪ on the road again, just can't wait to get on the road again. ♪ life i love is making music. that's great. but right now you've got your hands full with your global supply chain. okay, france wants 50,000 front fenders by friday. that's why you work with watson. i analyzed thousands of contracts and detected a discrepancy. it works with procurement systems you already use to help speed up distribution without slowing down your team. frank, tell fred full force on those french fenders. fine. fine. fantastic. for ai that knows your industry, choose watson. hello! the best ai for the job.

lauren: welcome back. michigan state university is going to have to find another

president. larry engler has resigned. cheryl: after controversial comments. jared max has got that story. >> another wow from larry nassar fallout, essentially. in an interview with the detroit news last week, larry engler said this about young women who were abused by larry nassar, the former michigan state doctor. he said there are a lot of survivors who haven't been in the spotlight in some ways. they've been able to deal with this better than the ones who have been dealing in the spotlight who are still enjoying that moment at times. you know, the awards and recognition. engler submitted his letter of resignation yesterday, less than a year since he became the interim president at michigan state. bob costas, it's official, after nearly 40 years, officially retiring, leaving nbc at least. he's been phased out in the last couple years. it's a buyout reportedly. what's next? cheryl: he'll go somewhere. >> maybe a hybrid of the hbo

show and later. nojaylen hurts is transferring o oklahoma. 26 years to the day since michael jordan scored 64 and lost to the magic in overtime. james hardin scored 58 and lost to the brooklyn nets in overtime. that's 15 games with at least 40 points this season, 18 in a row with at least 30. but they lost. new england patriots in a rare spot. they're underdogs this weekend by 3 points against the kansas city chiefs in the afc championship. check out these shirts. julianne edelman taking on the hashtag bet against us mentality. lauren:mentality.

lauren: cool shirts. cheryl: playoffs, we'll talk about that coming up. catch jared's sports reports 24/7. lauren: let's take a look at stock futures as we await earnings from morgan stanley. dow is down 73. s&p down 9. house speaker nancy pelosi tries to have the president's state of the union address postponed. but did her plan backfire? after two days of confirmation hearings, why democrats still have concerns about the president's pick for attorney general. you're watching "fbn: a.m.." ♪ baby i'm sorry. ♪ i'm not sorry. ♪ a hotel to our fligh t. so even when she grows up, she'll never outgrow the memory of our adventure. unlock savings when you add select hotels to your existing trip. only with expedia.

cheryl: comb back. let's get you caught up on what's happening right now.

futures are pressured this morning ahead of morgan stanley's earnings. s&p is down 9 1/4. john bogle, the founder of vanguard group, has died. he was known as a fierce advocate for investors. bogle created the first mutual fund tied to an index back in 1975. he is credited with democratizing financial markets as they cut the cost of investing. bogle retired as vanguard's chief executive back in 1996. john, better known as jack bogle, that's what we called him here, was 89 years old. well another headline this morning, the irs is waiving penalties for some taxpayers who didn't withhold enough money from their paychecks. they cited confusion surrounding the new tax law implemented at the end of 2017. after two days of confirmation hearings, democrats still aren't satisfied with william barr.

democrats want more assurances that barr will be transparent with mueller's russia probe. >> this is a big report and the public needs to see it. i am hopeful that that report will be made public and my vote depends on that. cheryl: the committee has until tuesday to submit more questions before deciding if the entire senate will vote on his nomination. netflix is teasing a new series, called space force, starring steve carell. it is inspired by president trump's call for a sixth branch of the u.s. military. the same minds behind the office are creating the new show. lauren: then i'll see. cheryl: there you go. lauren: two weeks after inviting president trump to deliver the state of the union, house speaker nancy pelosi is now wishing she hadn't. she wrote a letter to the president asking him to postpone the speech until the government

shutdown is over. republicans immediately blasted that idea. >> nancy pelosi wants to cancel the state of the union and wants to give the president a dollar for the wall. not very good ideas, something's got to give. lauren: something does have to give. we bring in republican strategist ford o'connell and former obama campaign staffer, rorobin byro. robin, you say nancy pelosi is winning this war. how? can't the president just say fine, here's my state of the union in writing. now i'm going to give it from the southern border. take that, democrats. >> yes, he absolutely can. but it deprives him what he wants the most, which is that stage, that oh, so th so powerfl stage, the backdrop of congress. he could give the speech from the oval office if he wants.

it denies him the p propaganda of that setting that he so desperately wants. and she has every right to, because she -- how this works is that congress submits the invitation. it's not the president's prerogative to give this to congress. they invite him. it's a reminder that they have equal power as the executive branch. lauren: we still haven't heard from the president here. do you think they're concocting and working up the best response in how do you see this playing out for the state of the union, january 29th? >> never, ever in the history of the republic has the speaker of the house refused to allow the president of the united states to deliver the state of the union. i agree with robin this is partisan politics. speaker pelosi cites security concerns that the secret service has rebutted. it is true that donald trump wants a national platform to make his case about border security. but remember, the constitution requires the president to deliver the state of the union, article 2, section 3, it's going

to happen one way or the other. the only he question is whether or not it happens in person on january 29th. lauren: what do you make of the security concerns? there's the march for life in d.c. this weekend, the women's march also, kirstin nielsen says year fine, we can handle this. is there really a security concern? >> she was correct, after absol, when she said we shouldn't continue business as usual while there's a shutdown. the security concerns, i don't believe that to be entirely true. >> he's absolutely right. she wanted to send president trump a message and at the rate this is going, this could possibly backfire on her. i was thinking she doesn't want to do this the way it basically unfolded. it gives trump a window, an advantage to better make his case. lauren: when we're talking about the shutdown that's going

on and on and on, both sides are dug in so firmly for it, how does this end? it seems like they're all trying to out-wit the other side. it's all politics. >> well -- lauren: it's not substance. >> here's the thing, okay. it's very hard to end a shutdown when democrats don't want to come to the table and they don't want to compromise one dollar from the wall from nancy pelosi is not going to cut it. this is the most dishonest thing. democrats say they're for border security. we have 650 miles of physical barriers on the southern bore department all president trump is asking for is for a few hundred extra miles in common sense resources. their position is the height of hypocrisy. lauren: how do we get out of this? what is the grand plan? what's the deal that's cut? >> you know, if you had asked me this last week i would have said we were closer than ever to a deal. but now i did some more research and if you go back to her

playbook from 2004 with george w. bush's plan to privatize social security, she was firm and said there was no crisis and there evidently -- there never was a deal. her plan worked and she got his a approval ratings down from 58% to 37%. so i think she's honestly firm -- it's a firm no until he caves. >> there's a difference here. that is the fact we have a government shutdown and, therefore, the border security issue on the southern border is front and center in everyone's home. that's what's different about this. donald trump has moderated his position. we're not talking about a 2,000-mile continuous wall. we're talking about a couple hundred miles of physical barriers. you don't want to call it a wall, we'll call it a barrier. the point is, he's compromising his position. she is not. that's coming into the center of people's living rooms. lauren: i think it's going to get so bad for the american people, basically a walk off the

job by the tsa, it gets so bad and they're forced to come to the table. it's embarrassing but it's reality. ford, robin, i wish we had more time but we don't. >> thank you. >> thank you so much. cheryl: coming up will the global markets take a hard turn if britain has a hard brexit? we've got that he question when we come right back. ♪ it's more than a feeling. ♪ more than a feeling. ♪ when i hear that old song, babe. still, we never stopped making it stronger. faster. smarter. because to be the best, is to never ever stop making it better. the new 2019 c-class family. lease the c 300 sport sedan for $429 a month at your local mercedes-benz dealer. mercedes-benz. the best or nothing.

>> are global markets ready for a no deal brexit? >> i think it will be a disaster for great britain. we talk about hard brexit. a crash at a beer. all of these emotive terms. if they are given a reach of. at the end of the day here's the deal in simple terms. the parliament passed a distillation now what we are

facing her number to go back to a public for referendum. that's the problem. we are in here between a rock and a hard place. they will come to an arrangement because both sides need to hear. let's switch the sides for a second. under investigation by federal prosecutors for stealing trade secrets from some of the u.s. business partners. i think it's old news. they had known for a couple of

years now. i may actually turn out to be some leverage for president trump. looks like it could be something that would upset talks. it's good to see that they're coming over. >> earnings season is underway. we are in the middle of all of the banks. how are you feeling about things. i think they got beaten up so bad we are probably gonna see a lot of people be because things were beaten up so much. and they are taking along the bottom here. it is not seen the numbers so long. a lot of people were saying at the end of last year. where is a recession coming from. we just don't see it. and yet we just don't see that recession. it's like things had been too

good for too long. we are watching all of it. i think you so much. mornings with maria starts right now. >> good morning everyone. i think you for joining us. happy thursday for you. your top stories right now. earnings season for the big banks. morgan stanley set to report this morning. remembering an investment icon this morning. vanguard founder is dead. live in china. tensions. for allegedly stealing trade secrets. the details coming up. nike unveiling a new a golf golf shoe tha